Gold futures settled higher on Thursday, recovering after early weakness as traders looked ahead to the outcome of the Jackson Hole symposium for clues on the timing of a tapering of monetary stimulus.
Fed Chairman Jerome Powell is expected to indicate that the central bank will slow monthly purchases of Treasury and mortgage-backed securities.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.